• Energy Research
• 2021-2025close
• 8. Economic growth close
• 9. Industry and infrastructure close

ABSTRACT Context: reflecting the call being made by the United Nations to solve our current climate challenges and reduce companies’ CO2 emissions, there is a strong need for large corporations to not only employ the terminology of sustainable transitions, but to implement strategies and select new alternative sustainable solutions. Objective: this study fills a gap in the literature by developing and validating a model that helps researchers understand the factors that enable a large corporation undergoing a sustainable transition to select its new sustainable practices. The developed model used theories of sustainability transition and institutional theory with three pillars (regulative, normative, and cognitive) in order to help understand the nature of the company’s innovation selection criteria. Method: survey-based research was carried out among an oil and gas company’s employees, and structural equation modeling was used to test the model fit, validate the survey, and test the hypotheses. Results: the results showed that normative and regulative pillars play the main role in selecting renewable energy activities as a first step toward the company’s sustainable future. Conclusion: the findings provide researchers with a valuable model for understanding the main criteria for selecting new sustainable projects in established companies.

The path congestion and communication risks of electric power communication network have emerged as the carried businesses are becoming more and more heavy. In this paper, a multi-objective optimization method for power communication network routing considering the importance of the carried businesses is proposed to reduce load imbalance and transmission risk. Firstly, information entropy is introduced as the objective of communication network load balancing optimization. And a risk assessment model for power communication network nodes and links is established. Then fuzzy membership functions are adopted to singularize the two objectives to jointly optimize path congestion and communication risks. The device nodes are dynamically divided according to the carried businesses to pursue the global optimization of the power communication network in which the Yen's algorithm is adopted. Finally, this paper uses the IEEE 30-bus communication network to carry out case simulations and analyzes the proposed method to verify the effectiveness and feasibility.

Abstract This study investigates the macroeconomic effects of adverse oil price shocks on a small oil-exporting economy — the Azerbaijan economy. We estimate a recursive (near) VAR model by using monthly macroeconomic data from 2006 to 2018. The results indicate the Azerbaijan economy is adversely influenced by an oil price decline. Specifically, we find that a negative oil price shock deteriorates trade balance, causes a currency depreciation, increases inflation and falls economic activity. Furthermore, our findings imply that the oil price-led devaluation shapes the inflationary and recessionary consequences of this shock.

Within design of information and communication technology (ICT) we need to first shape and then follow a vision to take responsibility for the futures that design materializes. Although research and literature on both sustainable technology and sustainable interaction design grow significantly, both fields with their (im)material character, are less often thought together and seen as mutually shaping. Hence, this paper examines the state-of-the-art in modularity as one sustainable design principle for the mobile phone and related ICT, utilizing a review of design (concept) cases in form of their multimedia representations. Matching the findings from the concrete exemplars with generic scientific research results within modular designing informs a discussion on value preservation (promotion of reuse over recycling and the like), portraying nowadays insufficiencies on the one hand and desirable, meaningful futures on the other. It describes both the employment of and the confidence in modularity for accomplishing sustainability, digital materiality or the soft matter, and the demandingness of modularly upgradable architectures. Supposedly by help of the critical design practice in an academic context - which translates to fundamental creativity-based research driven by envisioning new possibilities - further research shall build on the insights gained here. Our vision may thus be called sustainable technology and interaction design, which as an acronym gives STaID.

Sustainable agriculture is the backbone of food security systems and a driver of human well-being in global economic development (Sustainable Development Goal SDG 3). With the increase in world population and the effects of climate change due to the industrialization of economies, food security systems are under pressure to sustain communities. This situation calls for the implementation of innovative solutions to increase and sustain efficacy from farm to table. Agricultural social networks (ASNs) are central in agriculture value chain (AVC) management and sustainability and consist of a complex network inclusive of interdependent actors such as farmers, distributors, processors, and retailers. Hence, social network structures (SNSs) and practices are a means to contextualize user scenarios in agricultural value chain digitalization and digital solutions development. Therefore, this research aimed to unearth the roles of agricultural social networks in AVC digitalization, enabling an inclusive digital economy. We conducted automated literature content analysis followed by the application of case studies to develop a conceptual framework for the digitalization of the AVC toward an inclusive digital economy. Furthermore, we propose a transdisciplinary framework that guides the digitalization systematization of the AVC, while articulating resilience principles that aim to attain sustainability. The outcomes of this study offer software developers, agricultural stakeholders, and policymakers a platform to gain an understanding of technological infrastructure capabilities toward sustaining communities through digitalized AVCs.

IT technologies related to Industry 4.0 facilitate the implementation of the framework for sustainable manufacturing. At the same time, Industry 4.0 integrates IT processes and systems of production companies with IT solutions of cooperating companies that support a complete manufactured product life cycle. Thus, the implementation of sustainable manufacturing implies a rapid increase in interfaces between IT solutions of cooperating companies. This, in turn, raises concerns about security among manufacturing company executives. The lack of a recognized methodology supporting the decision-making process of choosing the right methods and means of cybersecurity is, in effect, a significant barrier to the development of sustainable manufacturing. As a result, the propagation of technologies in Industry 4.0 and the implementation of the sustainable manufacturing framework in companies are slowing down significantly. The main novelty of this article, addressing the above deficiencies, is the creation, using the combined DEMATEL and ANP (DANP) and PROMETHEE II methods, of a ranking of the proposed three groups of measures, seven dimensions and twenty criteria to be implemented in companies to ensure cybersecurity in Industry 4.0 and facilitate the implementation of the sustainable production principles. The contribution of Industry 4.0 components and the proposed cybersecurity scheme to achieve the Sustainable Development goals, reducing the carbon footprint of companies and introducing circular economy elements was also indicated. Using DANP and PROMETHEE II, it can be concluded that: (i) the major criterion of cybersecurity in companies is validation and maintaining electronic signatures and seals; (ii) the most crucial area of cybersecurity is network security; (iii) the most significant group of measures in this regard are technological measures.

Purpose This study aims to consider environmental sustainability, a global challenge under the preview of sustainable development goals, highlighting the significance of knowledge economy in attaining sustainable aggregate demand behavior globally. For this purpose, 155 countries that have data available from 1995 to 2021 were selected. The purpose of selecting these countries is to test the global responsibility of the knowledge economy to attain environmental sustainability. Design/methodology/approach Results are estimated with the help of panel quantile regression. The empirical existence of aggregate demand-based environmental Kuznets curve (EKC) was tested using non-linear tests. Moreover, principal component analysis has been incorporated to construct the knowledge economy index. Findings U-shaped aggregate demand-based EKC at global level is validated. However, environmental deterioration increases with an additional escalation after US$497.945m in aggregate demand. As a determinant, the knowledge economy is reducing CO2 emissions. The knowledge economy has played a significant role in global responsibility, shifting the EKC downward and extending the CO2 reduction phase for every selected country. Further, urbanization, energy intensity, financial development and trade openness significantly deteriorate the environmental quality. Originality/value This study contains the empirical existence of aggregate demand-based EKC. The role of the knowledge economy is examined through an index which is calculated by using four pillars of the knowledge economy (technology, innovations, education and institutions). This study is based on a combined panel of all the countries for which the data was available.

Rapid urbanization combined with high economic growth, industrialization, and changes in socio-economic conditions increase the quantity of municipal solid waste. Cities located in South-Asia are facing serious issues due to waste, with countries like India, Bangladesh, and Pakistan top of the list of bad waste management. The increasing generation of solid waste and also the improper management of waste in Bangladesh leads to environmental degradation. Current waste management practice in Bangladesh is so weak that day by day it is harming the climate and creating a lot of unwanted situations. This research consists of an examination of the current administrative measures and presents another proposition for the executive cycle to decrease ecological contamination. The research study aims to decrease the amount of waste being dumped into municipal sanitary landfill sites & converting the waste into energy which is both financially and environmentally suitable by involving unemployed people in the management system. The results of this study will give an idea of how waste can be utilized as a resource and how this resource can be a capital good as well as how the local level problems can be solved by taking some strategies and making our environment suitable for future generations.

In the context of the globalization and internationalization of economies, to efficiently attract financial and intellectual capital that is necessary for business sustainability, the mechanisms of corporate governance have to be based on gaining the trust of all the interested parties. These objectives require an organizational culture and a climate which is based on correctness, responsibility, transparency, and efficiency, in which ethical principles govern the spread of behaviors in the entire entity. This research identifies the relation between the corporate governance and the entities’ financial performance using the specific context of Romania. The findings of this study reveal new insights on the corporate governance and financial performance based on a sample of companies listed on the Bucharest Stock Exchange. The results show a positive correlation between the net accounting results, earnings per share, and the duality of the CEO, and a negative correlation between price per share and the duality of the CEO.